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SOACU - SOACU STOCK NEWS

Welcome to our dedicated page for SOACU news (Ticker: SOACU), a resource for investors and traders seeking the latest updates and insights on SOACU stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SOACU's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SOACU's position in the market.

Rhea-AI Summary

The Metals Company has completed its business combination with Sustainable Opportunities Acquisition Corporation (SOAC), approved by SOAC shareholders on September 3, 2021. The transaction provides TMC with $137.5 million in gross cash proceeds, enabling it to enhance its focus on environmentally sustainable production of battery metals. TMC's shares will begin trading on Nasdaq under the ticker symbol TMC on September 10, 2021. The company plans to conduct pilot trials for nodule collection by 2022 and aims to complete environmental impact studies by 2023.

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